Donald Trump’s historic second impeachment trial began in the U.S. Senate on Tuesday. Representative Jamie Raskin of Maryland opened the proceedings with a graphic video that intercut Trump’s incendiary rhetoric to his followers on Jan. 6, urging them to march to Congress as it ratified President Joe Biden’s victory, with scenes of mayhem as they attacked police and ransacked the Capitol. They were shown cursing and beating officers, one of whom died as a result, while smashing their way through the building as they searched for members of Congress and Vice President Mike Pence. Raskin, a House impeachment manager, told the senators sitting in judgment of Trump that he was impeached for urging the crowd on toward insurrection. “If that’s not an impeachable offense,” Raskin said, “then there is no such thing.” —Margaret Sutherlin

Bloomberg is tracking the progress of coronavirus vaccines while mapping the pandemic globally and across America. 

Here are today’s top stories  

The Biden administration plans to increase vaccine allocations to states by another 5% for the next three weeks. The additional shots follow earlier increases totaling 25%. Even with lingering vaccine hesitancy among some Americans, states have struggled with a lack of doses during the flawed rollout. The race to get the virus under control in the U.S. is getting renewed focus in Hispanic communities, where Covid-19 deaths are climbing just as cases across the hardest-hit nation are on the decline. Meanwhile, World Health Organization researchers investigating the origins of the pathogen said it was probably passed from an animal to a human, and not through a lab leak. Here’s the latest on the pandemic.

JPMorgan CEO Jamie Dimon, Walmart CEO Doug McMillon and other business leaders heard a pitch by President Joe Biden for his $1.9 trillion virus relief plan. Endorsements from major U.S. business leaders could help the Democrat garner Republican support for the latest bailout, though the White House has indicated it is prepared to pass the bill through Congress with only Democratic votes.

From left, Jamie Dimon, chief executive officer of JPMorgan Chase & Co., Marvin Ellison, CEO of Lowe's Cos., and Doug McMillon, CEO of Walmart Inc., as they listen to U.S. President Joe Biden (not pictured) make his pitch for a $1.9 trillion pandemic bailout bill.

Photographer: Pete Marovich/The New York Times

Bloomberg Businessweek tells the inside story of how Tim Cook made his mark in the shadow of Steve Jobs, deepened ties with China, navigated the Trump era and used privacy to pressure Facebook as he methodically built Apple into a $2.3 trillion fortress.

The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. They’re raising their prices and seeking ways to control exposure—moves that make it harder for blank-check firms to get started.

The U.S. housing boom isn’t just in suburbia. Young white-collar transplants are taking advantage of record-low mortgage rates and flexible remote-work policies to move to these desirable, more-affordable cities.

Customers wait outside a restaurant in downtown Pittsburgh, Pennsylvania. Young transplants are driving housing demand in more affordable cities. 

Photographer: Daniel Slim/AFP

Tesla’s $1.5 billion Bitcoin purchase this week sent the cryptocurrency soaring to a record, with many of its most vocal supporters feeling validated. Wall Street, however, isn’t quite buying the hype. 

Biden is asking most Trump-era U.S. attorneys to step down, as is standard procedure with new administrations, with one notable exception—the prosecutor overseeing his son’s tax investigation.

What you’ll need to know tomorrow 

• Alaska may lack infrastructure, but it’s winning the vaccine race.
• Changes to new voting machines could pose a cyber-security risk.
• The Fed’s midsize business program only gave out 3% of its funds.
• NTSB said crash that killed Kobe Bryant was caused by pilot error. 
• The Super Bowl audience plunged to lowest in almost a decade.
• Amazon is making a wall-mounted, smart-home control panel.
• These are the four new global capitals of pop music.

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What you’ll want to see in Bloomberg Digital Video

How Lies, Algorithms Fueled U.S. Capitol Attack

Far-right websites and cable networks spread conspiracy theories touted by white supremacists and Q Anon. Social media algorithms weaponized them, in turn boosting Trump’s falsehoods about the 2020 election and the voter fraud that never took place. As the former president’s impeachment trial for fomenting the deadly assault gets underway, Bloomberg reveals just how America arrived at this perilous moment.

Photographer: Spencer Platt/Getty Images

Photographer: Spencer Platt/Getty Images

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